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About This Home
This 18-bedroom, 12-bathroom residential multi family at 1656 Sunny Brook Lane NE in Palm Bay, FL is listed for $999,000 ($182 per sqft). Built in 1984, the home offers 5,484 sqft of living space on a 0.06 acres lot.
Turnkey investment opportunity featuring six fully rented 3-bedroom, 2-bath condos, each producing positive cash flow. All units offer interior laundry rooms with stacked washer/dryers and have effective dates of 2022-2023. Recent improvements include replaced appliances throughout, new bathroom tile, luxury vinyl plank flooring in five units, and newly installed porcelain tile in the sixth.
A/C systems in five condos were replaced between 2020-2022; the remaining unit has been inspected and is functioning well. HOA dues are $367 per unit and include water, sewer, master insurance, cable, internet, grounds maintenance, and pool maintenance. Additional capital improvements include a 2025 roof replacement and scheduled exterior painting in May 2026. Unit 201 also received new appliances and fresh interior paint in May 2026. A strong, income-producing portfolio with major updates already completed.
Key Features
- Built in 1984
- 0.06 acre lot
- 2 stories
- 12 parking spaces
- Private pool
Property Details
Amenities
Monthly Cost Estimate
$5,710/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1656 Sunny Brook Lane NE
Palm Bay, FL 32905
Country Gardens II Condo
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 18-bedroom, 12-bathroom residential multi family at 1656 Sunny Brook Lane NE is listed at $999,000 ($182/sqft). The estimated monthly payment is $4,696 based on 20% down at 6.5% interest.
HOA fees are $367/month.
Key features include: Built in 1984, 0.06 acre lot, 2 stories, 12 parking spaces, Private pool.
This property is listed by Deborah Ann Harris-Caldwell and can be reached at 3214274497 or debbiecaldwell9@gmail.com.